Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1467

Deal #1467 Version #53827

Mali

Created at

2013-02-15

Last update

2016-07-18

Last full update

2024-08-22

Land area

Intended size

20 000 ha

Size under contract (leased or purchased area)

[2009, current] 20000.0 ha

Intention of investment

[current] Biomass for biofuels, Food crops, Renewable energy unspecified

Nature of the deal

Lease

Negotiation status

[2009, current] Concluded (Contract signed)

Comment on negotiation status

renewable

Implementation status

[current] In operation (production)

Comment on implementation status

In 1996, the Malian government and the China Light Industrial Corporation for Foreign Economic and Technical Cooperation (CLETC) entered into a joint venture to establish the Mali Sugar Conglomerate, with CLETC holding 60% of the company and the government holding 40%. The Conglomerate took control of two sugar factories that had been built with Chinese assistance in the 1960s and 1970s and sugar-cane plantations on 5,700 ha. In 2009, the Malian government signed a deal with CLETC to establish a new sugar project, in which CLETC was given a 50-year renewable lease on 20,000 ha of lands in the Office du Niger for irrigated sugar-cane production.

Leasing fees

Annual leasing fee

382 747 500

CFA Franc BEAC

for specified area

Annual leasing fee area